SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Short Interest Update

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 10,835 shares, a decrease of 57.9% from the May 14th total of 25,736 shares. Based on an average daily volume of 4,284 shares, the short-interest ratio is presently 2.5 days. Approximately 0.2% of the company’s shares are sold short.

SGI Enhanced Market Leaders ETF Stock Up 0.1%

NASDAQ:LDRX traded up $0.05 during trading hours on Friday, reaching $35.10. 5,367 shares of the stock were exchanged, compared to its average volume of 12,314. The business has a 50-day moving average of $34.47 and a two-hundred day moving average of $33.16. SGI Enhanced Market Leaders ETF has a twelve month low of $28.36 and a twelve month high of $36.56. The company has a market capitalization of $237.98 million, a price-to-earnings ratio of 20.50 and a beta of 1.10.

SGI Enhanced Market Leaders ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%.

About SGI Enhanced Market Leaders ETF

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.